Beginning Inventory Plus Net Purchases Minus Ending Inventory Equals

question 162

Multiple Choice

Beginning inventory plus net purchases minus ending inventory equals

• A) cost of goods sold.
• B) gross profit on sales.
• C) total revenue.
• D) the balance of merchandise inventory.
• E) net income before sales.

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Definitions:

Passive Voice

A grammatical voice in which the subject of the sentence is acted upon by the verb, highlighting the action rather than the doer.

Active Voice

A grammatical voice in which the subject of the sentence performs the action expressed by the verb, leading to clearer, more direct sentences.

Business Communicators

Individuals within an organization who are responsible for the exchange of information and messages among colleagues, clients, and the public.

Passive Voice

A sentence construction in which the subject of the sentence is acted upon by the verb, often downplaying the subject's role in the action.